Generic domain based a real dictionary word which makes it a highly valuable name.
Chastise has eight letters and just two syllables. Two-syllable names are highly rare and highly sought after. Two syllable names are used by established brands like Kleenex, YouTube and Honda.
Chastise.com is a dot-com domain. Dot com domains are the most valued top-level-domain in the world, used by famous websites like google.com. When most people think of a website, they think of a dot-com.
This domain was first registered in November 1998. Older domains have an advantage when ranking in search engines.